CBD Commercial Property News

A tiny building wedged between towers in Melbourne’s CBD is causing a big stir, after hitting the market earlier this month.

The listed Growthpoint Properties Australia has snapped up the Bank of Queensland headquarters building in Brisbane from two Charter Hall funds for $250 million.

The Queensland capital is drawing international investors, with Singapore-based ARA Asset Management and US funds manager Heitman believed to be positioning to carve up the $200 million Quadra Pacific office portfolio.

The complex battle for control of Sydney landmark Chifley Tower is coming to a head with heavyweight Hong Kong groups dominating activity, including seeking to buy the property’s freehold that is being offered for more than $100 million.

Sydney’s Pitt Street Mall is still one of the most expensive strips to lease retail space in the world, new research shows. The iconic Sydney shopping destination sits alongside – and above – some of …

It might no longer be a matter of national security, but there’ll be no shortage of interest in a prime Brisbane building that was once the Queensland home of the Australian Federal Police.

The multi-billion-dollar redevelopment of Sydney’s Circular Quay is ­gathering steam, with AMP ­Capital in pole position to secure ­accounting firm Deloitte as an ­anchor tenant of its proposed $3 billion Quay Quarter Tower.

A major 14-storey office complex lies in the future for the Victoria Police headquarters  in Melbourne’s CBD when the police vacate the building in 2020. Developer Zone Q has revealed its plans for the Flinders …

M&G Real Estate, a unit of British insurer Prudential PLC, is eyeing the purchase of a half stake in the prominent building in North Sydney known as Coca-Cola Place, which is being offloaded by South Korea’s ­National Pension Service in a deal valuing the entire tower at close to $450 million.